H. Edward Hanway
2007
In 2007, H. Edward Hanway earned a total compensation of $24.3M as Retired Chairman and Chief Executive Officer at Cigna, a 16% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,618,584 |
|---|---|
| Non-Equity Incentive Plan | $17,599,940 |
| Option Awards | $3,574,468 |
| Salary | $1,110,000 |
| Stock Awards | $400,030 |
| Other | $38,704 |
| Total | $24,341,726 |
Hanway received $17.6M in non-equity incentive plan, accounting for 72% of the total pay in 2007.
Hanway also received $1.6M of change in pension value and nonqualified deferred compensation earnings, $3.6M in option awards, $1.1M in salary, $400K in stock awards and $38.7K in other compensation.
Rankings
In 2007, H. Edward Hanway's compensation ranked 54th out of 8,700 executives tracked by ExecPay. In other words, Hanway earned more than 99.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 54 out of 8,700 | 99th |
Division Finance, Insurance, And Real Estate | 22 out of 1,930 | 99th |
Major group Insurance Carriers | 1 out of 266 | 100th |
Industry group Accident And Health Insurance And Medical | 1 out of 51 | 98th |
Industry Hospital and Medical Service Plans | 1 out of 22 | 96th |
Source: SEC filing on March 19, 2010.
Hanway's colleagues
We found four more compensation records of executives who worked with H. Edward Hanway at Cigna in 2007.